Adidas AG is seeking more than 1 billion euros ($1.1 billion) in German government aid as it grapples with the fallout of the coronavirus pandemic, people familiar with the matter said. The sporting goods maker is in talks with German state-owned bank KfW about a financing package, according to the people, who asked not to be identified because the information is private. Adidas has been discussing a range of around 1 billion euros to 2 billion euros in loans, though the final amount and timing haven’t been decided, the people said.
June 25, 2022 | 10:27 am EDT Update
Keith Smith: Today’s the deadline for the Oklahoma City Thunder to exercise their 22-23 team option for Isaiah Roby. If the Thunder pick up that option, Roby’s contract then becomes non-guaranteed with a July 3 fully guaranteed date. If OKC declines the option, Roby will be eligible for RFA.
Croatian big Karlo Matkovic was selected with the 52nd pick in the second round of the 2022 NBA Draft Thursday and could spend another season in Europe before a possible move to the NBA. According to a report by mozzartsport.com, Cedevita Olimpija Ljubljana is close to bringing the Croatian center back to the team in order to incorporate him into their roster next year.
Launched in July 2020, the project saw most of its gains during the NFT craze of 2021. According to data from CryptoSlam, the collection has recorded sales worth $1,011,895,237.38 since its launch. With a 901.95% spike in sales volume in the last 24 hours, the NBA Top Shot collection ranked number #7 on CryptoSlam’s list of NFT collection rankings by sales volume. So what exactly happened in the last 24 hours?
Ishmail Wainwright: Y’all know I don’t speak about politics and all that but this one right here hurts deeply. How are y’all going to do that to women ? That is sickening. I’m sorry ladies. I really am. 😞💔
June 25, 2022 | 6:51 am EDT Update
But whatever the case, teams are reportedly making preparations for the Nets star potentially being available in the coming days. That’s according to ESPN insider Zach Lowe on a post-NBA draft episode of his Lowe Post podcast: “I can tell you this. This is what teams are doing. Teams are already operating under, not the assumption, but ‘we need to prepare for the contingency that Kevin Durant is available via trade in six days or seven days.’ … The whole league is now.”
Rumors have it that if Irving ends up leaving the Nets, Durant could also ask out. For Windhorst, trying to trade for KD after the Irving situation blew up would be something the Heat could do. “The godfather move is not to trade for Kyrie Irving. The godfather move is to let the Kyrie Irving situation to blow up and then wait for Kevin Durant to say he wants out of there. That’s the Miami Heat move,” Windhorst said on ESPN’s Get Up.
Woj also said that while Irving has given the Nets six NBA destinations he’d prefer if there’s no agreement, there is limited interest in him at max money. The ESPN insider said the only team with any real interest is the Lakers. Still, he argued, getting Irving a contract paying more than $6.3 million — the taxpayers MLE — seems unlikely. “This is getting acrimonious,” Woj told a panel on ESPN’s NBA analysts. “and I think that’s the concern when you look at not only Kyrie’s future in Brooklyn, but also Kevin Durant’s future and whether they can hold this thing together.”